CLSA-backed diaper maker Nobel Hygiene buys plant in Nashik

Coated paper manufacturer Sarda Papers has sold its factory land and building at Sinnar in Maharashtra to baby diaper and adult incontinence product manufacturer Nobel Hygiene Pvt Ltd, it said on Thursday. The deal amount remains undisclosed.

An email query sent to Nobel Hygiene's spokesperson to know the plans with this acquisition and more, did not elicit any response till the time of filing this article.

In February this year, alternative asset management firm CLSA Capital Partners invested $10 million in the company.

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